free mcx tips for 2 may 2013
free mcx gold silver tips
mcx gold june expiry future last closed at 26548 with loss over 1%.here as expected volatility seen and as fed signaled we may draw qe3 we seen sell off in all commodities?today mcx gold future made high at 26859 while low was 26365 and closed with recovery from lows.here on chart looks over sold but now momentum may remain bearish.below 26600 hope for 26300 to 25900 levels again.
mcx silver may expiry future last closed at 43725 with loss of 2.47%.in intraday mcx silver future made high at 44755 while low was 43172.total 1600 points drop from top and heading towards downside breakout.below 44400 we see sharp cut off on intraday basis.on chart 42k look like next target here.
free mcx aluminium-copper-lead-nickel-zinc tips
mcx aluminium may expiry future last closed at 97.4 with loss over 2%.in intraday mcx aluminium future made high at 99.25 while low was 96.95.here as expected below 98 next breakout and expect 96-95 levels tomorrow on upside 98.3 will be major resistance.
mcx copper june expiry future last closed at 367.7 with loss of 3.3%.in intraday mcx copper future made low near 366 while intraday high point was 379.as earlier given heading towards 360 if breaks 340.in worst case may show 280-285 levels on charts so watch for that!!
mcx lead future last closed at 105.6 with almost 3% drop.in intraday mcx lead future made high at 108.5 while low was 105.15.as expected tumbling down.here now situation looks horrible and may join aluminium/zinc prices.below 108 hope for 101 as positional target while in intraday some short covering and consolidation expected.
mcx nickel may future last closed at 794 with drop of almost 4%.in intraday mcx nickel future made high at 822 while low was 792.here now nickel prices at new low and 780 looks achievable here.weekly closing below 780 may open 680-645 zone on downside.780 is historic support so watch FOR THAT.
MCX ZINC MAY EXPIRY FUTURE LAST CLOSED AT 98.2 WITH DROP OF 1.36%.IN INTRADAY MCX ZINC FUTURE MADE HIGH AT 99.3 WHILE LOW WAS 97.6.HERE 96 REMAIN DOWNSIDE TARGET BELOW 100 ZONE.SO KEEP SHORT OPEN WITH STRICT STOPLOSS.
IN BASE METALS ALL LONG STILL TRAPPED SO MARGIN CALLS AND DOUBLE SHORTS WILL GOING TO MAKE HEAVY SELLING HERE.WATCH FOR THAT!!
free mcx crude oil-natural gas tips
MCX CRUDE OIL MAY EXPIRY FUTURE LAST CLOSED AT 4875 WITH LOSS OF ALMOST 3%.IN INTRADAY MCX CRUDE OIL FUTURE MADE LOW AT 4841 WHILE HIGH WAS 5006.AS I GIVEN EARLIER TODAY 4800 IS ALMOST ACHIEVED WITH BEAR RUN TODAY.HERE EXPECT TECHNICAL BOUNCE BACK UPTO 4950 IF HOLDS 4840 LOWS.
MCX NATURAL GAS MAY EXPIRY FUTURE LAST CLOSED AT 233.2 WITH GAINS.HERE WITH SHARP GAP UP OPENING MCX NG FUTURE MADE HIGH NEAR 238 WHILE LOW WAS NEAR 232.HERE STILL HOPE FOR NEW HIGH SO BUY ON DIPS AND WATCH 228-231 SUPPORT ZONE ON CHARTS.